News South Africa Trading: Higher food prices and slumping trade. How the war in Ukraine could hit Africa
As Russian troops tear through Ukraine, swathes of Africa are gearing up to bear the brunt of a potentially drawn-out conflict between the ex-Soviet republics — two of some of the continent's most cherished trading partners.
News South Africa Trading: Bengaluru among top Indian source markets for South Africa tourism
With 9% of total Indian visitors to South Africa travelling from Bengaluru, the city is among the top three source markets for South African Tourism in India. A majority of people travel for leisure ...
News South Africa Trading: Failed coup puts spotlight back on Guinea-Bissau's role in cocaine trade
In October, President Umaro Sissoco Embalo told French radio that drug trafficking and corruption were over in Guinea-Bissau, a country that has struggled to shake off its reputation as a "narco state" of West Africa. Fierce gunfire interrupted a cabinet meeting Embalo was presiding over, and within hours of the deadly Feb. 1 attack he described it as a failed coup attempt possibly linked to the drugs trade. At a news conference on Thursday, Embalo said three soldiers who were arrested by U.S. drug authorities in a 2013 sting operation and pleaded guilty to cocaine trafficking had been detained in connection with the attack.
News South Africa Trading: What AfCFTA will do for Africa’s indigenous trading patterns
Alexander Jelloian Published 8 February 2022The implementation of the African Continental Free Trade Area last year has the potential to reduce trade barriers across Africa, and in doing so, it will likely usher in a new era of prosperity across the continent. However, the adoption of free trade represents a noticeable shift in the region’s recent economic policy. At the time of independence, many newly elected African leaders argued that market...
News South Africa Trading: South Africa takes legal step to open power grid to competition
South Africa published proposed changes to the electricity regulation ... Legal impediments to transmitting and trading electricity have limited production by independent producers, contributing to a ...
News South Africa Trading: India-South Africa Trade Exceeds USD 10 Billion Target Set By Leaders
Trade between India and South Africa has exceeded the USD 10 billion target set by the leaders of the two countries, Consul General Anju Ranjan announced at a reception here on Wednesday to celebrate ...
News South Africa Trading: India-South Africa trade exceeds $10 billion target set by leaders
Trade between India and South Africa has exceeded the USD 10 billion target set by the leaders of the two countries, Consul General Anju Ranjan announced at a reception here on Wednesday to celebrate ...
News South Africa Trading: South African assets slide in risk-off trade linked to Ukraine
South Africa's rand, local stocks and government bonds fell on Monday as investors dumped riskier assets worldwide on fears of a possible Russian attack on Ukraine.